Dreaming up a killer business idea is one thing. Putting that idea into action is a whole different story. The entrepreneur’s journey can feel discouraging and lonely at times. Most people can’t relate to the uncertainty that comes with building something from nothing. Sometimes it’s hard to stay motivated when your friends are out having fun… while you’re grinding it out day after day, year after year until your efforts pay off. There will be highs, and there will be lows. As you’ll see in the inspiring stories below, how you navigate them is more important. It’s about hustling…and refusing
Great leaders come in all shapes and forms. While various reasons make a leader stand out, one of the most common is a great capacity for crucial emotional intelligence skills. There are countless benefits of emotional intelligence abilities in the workplace, from being able to communicate more effectively, dealing with stress better to resolving conflicts efficiently. With the way the market has changed, IQ and technical expertise alone are no longer sufficient to be successful as a leader or to move up in an organization. Of course, leaders do not start out with all of these skills at the beginning.
You are a leader of a technology company, your team needs a change in their operating methods. How do you get buy-in for change? Improve your storytelling skill with these skills. Normally companies are transformative change driven by advancement technology. What’s very common is, ‘Here’s what we’re doing. Here’s the technology. Isn’t it wonderful?’. However, not all of the users and investors are inspired by technology by itself, they are more interested in the results that they can get from the new products. Take one example from one of the most successful CEOs in the technology sector, Elon Musk. He
The research of Mr. Jon Maner, Professor of Management and Organizations at Kellogg School of Management, Northwestern University, shows that these are two styles of leadership, which refer to dominance and prestige styles. Leading through dominance means influencing others by being assertive and leveraging one’s power and formal authority. Leading through prestige means displaying one’s knowledge and expertise and encouraging others to follow. In the case of dominance, employees usually have little choice but to follow the leader; when it comes to prestige, deference to the leader is more negotiable. While both styles have different characteristics, both of them have
Being a good manager is hard. Here are a few ways business leaders should do to be more productive, innovative, and positive selves. 1. Unnecessary meetings? Skip it Meetings need to create value for employees, such as brainstorming ideas, reaching a crucial decision, or coordinating work. If it’s about anything else, skip it. Give your employees back their time by choosing your meetings strategically. Go in with a clear plan of what you want to cover during that time and hold everyone to it. 2. Communication should be clear and concise “Let’s make sure to finish the project by quarter-end,” sounds like a clear directive,
Many entrepreneurs have passed through Microsoft in the company’s 45-year history. A Seattle-based economist Microsoft once hired to study its economic impact estimated that the company had helped create 10,000 millionaires by the year 2000. Some of them became philanthropists, went to space, bought sports teams, or helped launch popular products including the Cranium board game and Cabbage Patch Kid dolls. A few even founded billion or multibillion-dollar companies like Chinese electronics giant Xiaomi, video game developer Valve, and hot startups like UIPath, Convoy, and Auth0. Let’s have a look at a list of 13 notable ex-entrepreneurs who spent many
As soon as the COVID-19 epidemic in Vietnam was well controlled because there were no new cases for 16 days (from 6 pm on April 16 to 6 pm on May 2), Ho Chi Minh City requested the Prime Minister to end social isolation from 0 am on April 23, 2020. Accordingly, people of many provinces and cities across the country have had a gradual return to regular daily activities. Simultaneously, several businesses have also started getting back on track with the office life. Some people are excited, the others are not ready to go back to work Most of